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Dec 26, 2012
12/12
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president is asking congressional executives to compile a compromise plan that features continued tax cuts for the middle class. that represents a shift in his policy that called for higher taxes on the wealthy, along with measures to cut the fiscal deficit. talks between democrats and republicans came to a standstill last week. a deal still remains uncertain. the republicans canceled a vote on their compromise plan. that's because many republicans remain opposed to any kind of tax hikes. >>> china has opened what it calls the world's longest high-speed rail line. the railway links the capital city of beijing and ghangzhou in the south. shun ishibe have more. >> reporter: the first high-speed train for beijing is about to leave guangzhou south railway station. many passengers are carrying coats, because the temperature in beijing is about 20 degrees centigrade lower than here in guangzhou. the new line stretches nearly 2,300 kilometers, including a section already in service. the trip between the two cities will take about eight hours instead of the current 20 1/2 hours. china says it
president is asking congressional executives to compile a compromise plan that features continued tax cuts for the middle class. that represents a shift in his policy that called for higher taxes on the wealthy, along with measures to cut the fiscal deficit. talks between democrats and republicans came to a standstill last week. a deal still remains uncertain. the republicans canceled a vote on their compromise plan. that's because many republicans remain opposed to any kind of tax hikes....
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120
Dec 24, 2012
12/12
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CSPAN2
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>> you can treat it that way for the responsible adults, yes and tax it. wouldn't it be better to have these huge amounts of money go to pay the firefighters and teachers fix our roads instead of funding of the juvenile gangs and the mexican drug cartels? it is an easy question to answer. >> to of the people you dedicate this to our job shultz and the elite william f. buckley. i'm proud to be, and in fact you can go on to say this is endorsed by milton friedman has a hero of mine, and also of course walter cronkite who is a hero in a lot of other ways and george shultz, like to say, the former secretary of state for ronald reagan, no-man's liberal but you get those folks together to agree on anything and it's pretty impressive. >> you also have another book out and this is another new one? what is this one? >> it is a handbook of solutions to america's problems and there really are resolutions to these problems. and honestly i wrote this without having any intentions or thoughts of being involved in another political campaign. but it talks about health car
>> you can treat it that way for the responsible adults, yes and tax it. wouldn't it be better to have these huge amounts of money go to pay the firefighters and teachers fix our roads instead of funding of the juvenile gangs and the mexican drug cartels? it is an easy question to answer. >> to of the people you dedicate this to our job shultz and the elite william f. buckley. i'm proud to be, and in fact you can go on to say this is endorsed by milton friedman has a hero of mine,...
WHUT (Howard University Television)
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95
Dec 31, 2012
12/12
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WHUT
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, and when the income tax hikes should cut income at what income level. it really remains intractable on both sides. what will happen is the negotiations will continue in the new year after some of these measures have been imposed, but the market reaction to the failure of politicians to agree i think will force them to sharpen their negotiating pencils and actually come to some sort of agreement. it will not fully offset the fiscal cliff, but will mean the drag from the government sector on the economy into thousand 13 will not be -- in 2013 will not be as recessionary threatening. >> is down so dramatic, falling off the fiscal cliff. is it as bad as that? what it is in a four-year since. 3% to 4% of gdp will be pulled out of the economy a reduction in government spending, increased taxes. the u.s. economy has been struggling to grow about 2% or higher over the past or since the recession. you should take 2.5% and you get - 1, and that is recession. the issue is, there does need to be fiscal retraction in the west wing of the state and federal government
, and when the income tax hikes should cut income at what income level. it really remains intractable on both sides. what will happen is the negotiations will continue in the new year after some of these measures have been imposed, but the market reaction to the failure of politicians to agree i think will force them to sharpen their negotiating pencils and actually come to some sort of agreement. it will not fully offset the fiscal cliff, but will mean the drag from the government sector on...
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Dec 26, 2012
12/12
by
FOXNEWSW
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tax base. the numbers are sort of come complex. when the bush tax cuts went into effect fewer people had an income tax liability. this is what mitt romney was talking about last year with the 47%. if the tax rates increase you all of a sudden have more people paying income taxes and you just have a broader, higher rate to play with. next year when they come back they can get rid of some of the duck -ts and what not and lower the rates and overall have a lot more money in the system to play with, a lot more options. they think they are better shape for tax reform if they come back next year with the rates having gone up. >> reporter: and by not allowing the president to just add nah see um raise the debt level, they have leverage, don't they? >> they believe so. and the president -- it's safe to say the president realizes that, because he's been insistent throughout that he won't deal with another debt level gamesmanship as he calls it from the last time around. he understands that republicans s
tax base. the numbers are sort of come complex. when the bush tax cuts went into effect fewer people had an income tax liability. this is what mitt romney was talking about last year with the 47%. if the tax rates increase you all of a sudden have more people paying income taxes and you just have a broader, higher rate to play with. next year when they come back they can get rid of some of the duck -ts and what not and lower the rates and overall have a lot more money in the system to play...
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190
Dec 24, 2012
12/12
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CNBC
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care tax. the occupy movement will not return with the same strength, but talk of fat cats and p will iticrats in the media will drive the wealthy further into hiding and reduce conspicuous consumption. the rich will put less money into u.s. stocks and more into assets. funded by the overseas rich with some homes selling for more than $100 million. luxury spending will remain weak largely because of weakness in china. bright spots will be high end luxuries and experiences like travel and entertainment. wealth will become quieter. call it stealth wealth. the big spending in big luxuries will be behind closed doors and kitchens like this could become the new status symbol. >> du that report from your kitchen, is that how that -- >> i didn't -- no, i didn't see that. i don't remember him being there. no, our american-made company today makes what is considered to be the most popular snack food in the world. rob is cogoed founder of dock popcorn. >> hi, guys. it's actually -- >> i always thought or
care tax. the occupy movement will not return with the same strength, but talk of fat cats and p will iticrats in the media will drive the wealthy further into hiding and reduce conspicuous consumption. the rich will put less money into u.s. stocks and more into assets. funded by the overseas rich with some homes selling for more than $100 million. luxury spending will remain weak largely because of weakness in china. bright spots will be high end luxuries and experiences like travel and...
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139
Dec 28, 2012
12/12
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CSPAN2
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john boehner could not even pass a tax proposal that he suggesting that would keep the taxes the same for everybody except people making over a million dollars.llio nope, grover and the boys said s no. can't do that. so he voted -- didn't p even bring it up for a vote. so i am here, i'm happy to listen to anything the speaker and the republican leader have. they have the way of getting to the president. they don't need my help. but i'm happy to work with them any way that i can. but the way things have been but going, it's not a really goods cape hatch that we have --ve. escape hatch that we have.they they're out of town, they won't be back for two days, 48 hours. so that's where we are.
john boehner could not even pass a tax proposal that he suggesting that would keep the taxes the same for everybody except people making over a million dollars.llio nope, grover and the boys said s no. can't do that. so he voted -- didn't p even bring it up for a vote. so i am here, i'm happy to listen to anything the speaker and the republican leader have. they have the way of getting to the president. they don't need my help. but i'm happy to work with them any way that i can. but the way...